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Ethereum Sends Red Signals, But Should You Worry About The Long Term?
The crypto market is experiencing a correction with Bitcoin and Ethereum giving back their gains from previous weeks. The general sentiment in the sector was optimistic but could take a blow if main cryptocurrencies lose their current…
Hodlnaut Cuts Staff as Terra Exposure Is Revealed
The insolvent crypto lending company is axing staff as it continues its recovery attempts. Key Takeaways Hodlnaut published an update on its recovery efforts and its judicial management process today. A leaked portion of proceeding…
Bitcoin Miners Take in Bear Rally Profits by Selling More Than 6,000 BTC Since August 1
Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy. Statistics show that a number of bitcoin miners capitulated over the…
Australian Researchers Claim Insider Trading At Coinbase
Crypto Exchange Coinbase recently reported a $1 Billion Loss in Q2. Coinbase’s revenue tanked more than 64% during quarter-two year-over-year amidst the crypto market collapse. The retail transactions revenue also dropped by 66%, to now…
FTX blocks Aztec Network privacy DApp, calling it a ‘high risk’ mixer
Some users took to Twitter to bemoan what some are calling a continuing attack on privacy in the wake of the U.S. Treasury Dept.’s action against Tornado Cash. 123 Total views 3 Total shares FTX has reportedly begun blocking accounts…
TA- Trezor (TRB) Holds Strong Above $40, Will The Crypto Pullback Affect It?
The price of Trezor (TRB) in the last few days has continued to look strong against Tether (USDT). Bitcoin (BTC), Ethereum (ETH), and other altcoins have struggled to hold above their key support zones after the market turned bearish. The…
Huobi Global Provides Post-Mortem on HUSD Depeg
HUSD lost its peg for about 12 hours; according to the team the incident was caused by a short-term liquidity crisis. Key Takeaways Huobi Global has now resumed HUSD trading; the stablecoin had lost its peg for 12 hours. Stable…
Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful
After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to “extreme fear” in crypto markets at the end of May, and throughout most of June, today the CFGI rating is still in the “fear” zone, but it has…
Bloodbath Anticipated for the Crypto Markets ahead of FED Rate Hikes
The global crypto market cap seems to have again lost its bullish stance, and the top assets- Bitcoin and Ethereum- have begun to shed all their gains. In just one hour, Bitcoin and Ethereum have dropped by 4%.Bitcoin has lost 7% over…
Price analysis 8/19: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin (BTC) and most major altcoins witnessed a sharp sell-off on Aug. 19, but there does not seem to be a specific trigger for the sudden drop. The sharp fall resulted in liquidations of more than $551 million in the past 24 hours,…
Bitcoin Price Declines Below 50-Day MA, Is A Recovery Expected?
Bitcoin price has no doubt had an interesting couple of weeks. After managing to recover from the crash that rocked the market in June, it is now back down to where it began, losing more than $3,000 in a matter of days. The swift decline…
Biggest Movers: DOGE Extends Recent Declines, Falling by Nearly 15% on Friday
Dogecoin fell for a third consecutive session on Friday, with the token dropping by almost 15% in today’s session. As of writing, the global cryptocurrency market cap is roughly 8% lower, with the majority of the top 100 in the red.…